The South Korean port of Gwangyang is planning to deepen and widen its Fairway 3 to better cater to bigger ships. Currently, Fairway 3 is 22 m deep and 380 m wide. It is one of Gwangyang port's seven ...
Gwangyang to dredge third fairway
Australian Navy Seizes $1.7bn in Drugs
By MarEx 2015-07-08 16:43:36 In its sixth successful haul in eight weeks, Royal Australian Navy frigate HMAS Newcastle seized 139kg of heroin, with an estimated street value of around $AUD 41 ...
Piracy Driven by Economic Strife
By MarEx 2015-07-08 15:30:49 In an informal survey by the UN Office on Drugs and Crime and Oceans Beyond Piracy of 66 Somali inmates convicted of piracy, economic strife was their primary reason for ...
Uber Launches Sea Transport in Istanbul
By Reuters 2015-07-08 13:59:01 With the towering bridges that span the Bosphorus choked by traffic, a new boat service from Uber aims to capitalise on Istanbul's infamous road congestion. In ...
Maersk Orders Nine in $1.1bn Deal
By MarEx 2015-07-08 12:32:51 Maersk Line has announced that it has ordered nine 14,000 TEU boxships from Hyundai Heavy Industries in a deal worth $1.1 billion. The contract was signed at Maersk ...
10 Crewmen Rescued After Storm Sinks Containership
By MarEx 2015-07-08 11:46:03 The crew of a Cambodian-flagged containership were rescued this morning (July 8) after the ship sank off Phuket, Thailand. The 1,591 dwt Sinaran Andaman reported engine ...
Maersk confirms box ship order
Maersk Line of Denmark has contracted South Korean shipbuilder Hyundai HI (HHI) to build a new series of 14,000 teu box ships. With pricing at USD137.5 million per vessel, the order covers nine firm ...
Innovative Paring of Marseille Fos and Miami
By MarEx 2015-07-08 10:08:56 Fifteen years after their first business arrangement the ports of Marseille Fos and PortMiami have renewed the development of a mutual cruise and container relationship. ...
Innovative Pairing of Marseille Fos and Miami
By MarEx 2015-07-08 10:08:56 Fifteen years after their first business arrangement the ports of Marseille Fos and PortMiami have renewed the development of a mutual cruise and container relationship. ...
Foes China and Taiwan Agree on S. China Sea
By Reuters 2015-07-08 09:06:22 Both China and Taiwan have an obligation to assert claims to the South China Sea, China's Foreign Ministry said on Wednesday, in a sign of rare political agreement ...